ExxonMobil CEO Says Oil Industry “Not Well Equipped” For Deep Water Spill

The CEO of the world's largest publicly traded oil company told a Congressional panel last week that the oil industry is "not well equipped" to deal with deep water spills like that now ravaging the Gulf of Mexico. Rex Tillerson, an engineer who rose to the CEO chair during his 35 years at ExxonMobil, told Democratic Representative Bart Stupak of Michigan, "that's why the emphasis has always been on preventing these things from occurring: because we're not well equipped to handle them, and that's just a fact of the enormity of what we’re dealing with."

LEED Us Not into Health Problems

Weaknesses in the way LEED certification measures adverse health impacts of building materials gives a false impression of the safety of "environmentally friendly" buildings, according to a new study. The study, "LEED Certification: Where Energy Efficiency Collides with Human Health," by non-profit Environment and Human Health, Inc., recommends that LEED certification be measured separately in different categories.

Cape Wind Has Found a Buyer for Its Clean Power

Cape Wind, the first offshore wind farm in the US to win regulatory approval, has found a buyer for half of the electricity it will generate, when completed. Investor-owned energy company National Grid announced a power purchase agreement with Cape Wind Associates, the project's developers, on Friday.